Crude Meets Trendline That Originates at 2013 High
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
- We should get a better idea regarding crude direction over the next few days as price is testing trendline resistance that originates at highs from August and September.
-A break above would face resistance near 99 while a rejection probably finds support near former resistance at 95.
LEVELS: 95.04 95.69 96.41 | 98.14 99.46 100.73
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